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Dec 18, 2012
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in the wake of the tragedy in connecticut. gun control and mental health care taking center stage, now congresswoman rosa delauro has been fighting for better mental health care. she'll join us at the bottom of the hour. >>> still to come, retailers that have been naughty, and nice. we break down the holiday season for specialty retailers, and tell you what it means for your portfolio. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> if you have any comments or questions about anything we've been talking about on "squawk," e-mail us at "squawk" @cnbc.com. you can follow us on twitter as well, @squawkcnbc is our handle. up next the shooter in the newtown tragedy reportedly suffered from a mental disorder. we'll speak to one of the lawmakers holding the purse strings for federal mental health care funding. [ male announcer ]
in the wake of the tragedy in connecticut. gun control and mental health care taking center stage, now congresswoman rosa delauro has been fighting for better mental health care. she'll join us at the bottom of the hour. >>> still to come, retailers that have been naughty, and nice. we break down the holiday season for specialty retailers, and tell you what it means for your portfolio. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you...
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Dec 14, 2012
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this senseless act in connecticut is just so -- so daunting. it's hard to even -- it's hard to take. >> an impact on the market as well. as i said earlier, a subdued market, as we all are. the dow holding with a decline of about 38 points. >> we'll bring you the latest on the fatality in connecticut. facebook stock up nearly 40% in the last three months. when will it move past the original $38 ipo price? we'll take a lock and still shy of that by better than $10 a share. stay with us on that. >> 17 days left until the fiscal cliff. are lawmakers any closer to a compromise of some kind? a top republican leader joins us next to explain whether she's willing to raise taxes if democrats give in on the spending cuts. >> also ahead, will oil prices fall off a cliff is the economy is impacted by the state of affairs in washington? tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums
this senseless act in connecticut is just so -- so daunting. it's hard to even -- it's hard to take. >> an impact on the market as well. as i said earlier, a subdued market, as we all are. the dow holding with a decline of about 38 points. >> we'll bring you the latest on the fatality in connecticut. facebook stock up nearly 40% in the last three months. when will it move past the original $38 ipo price? we'll take a lock and still shy of that by better than $10 a share. stay with...
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Dec 17, 2012
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as you know by now, it was in newtown, connecticut. president obama spoke last night, raising the prospects for gun policy changes. >>> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. >> joining us now, former vermont governor and cnbc contributor howard dean and david coppell at the cato institute. good morning. am i pronouncing that okay? is it copel? >> just fine. >> we all want the same thing. that is to make sure our children are as safe as they can possibly be when they're in school. how do we do that? does it involve new regulations for guns? >> well, i think the most important thing we can do when we look at all these mass murders and attempted mass murders that are happened recently and over past decade sess one of the things that ties so many of them together is mental illn
as you know by now, it was in newtown, connecticut. president obama spoke last night, raising the prospects for gun policy changes. >>> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. >> joining us now, former vermont governor...
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Dec 14, 2012
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sandy hook in newtown, connecticut, and had targeted her classroom. his mother is among the 18 people killed. officials tell nbc news that 18 children and 8 adults, a total of 26 victims. according to connecticut state police the gunman was found dead on the scene inside of the building although connecticut state police will not give official fatality numbers because they say the family members continue to be notified. governor malloy of connecticut has been speaking with those families and we are now told he will hold a briefing at 3:30 this afternoon. nbc news also reporting earlier that a second person appears to be in custody apparently in connection with the shooting but as you can tell, folks, a lot of these details continue to evolve. we will have another update at the top of the hour. back to you. >>> all right, bertha, thank you very much. let's bring in former fbi profiler mary ellen o'toole. mary ellen, welcome to the program on a very, very difficult day for newtown, connecticut, for the united states, for every parent out there. what do w
sandy hook in newtown, connecticut, and had targeted her classroom. his mother is among the 18 people killed. officials tell nbc news that 18 children and 8 adults, a total of 26 victims. according to connecticut state police the gunman was found dead on the scene inside of the building although connecticut state police will not give official fatality numbers because they say the family members continue to be notified. governor malloy of connecticut has been speaking with those families and we...
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Dec 14, 2012
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, connecticut. nbc news is reporting as many as 27 people may be dead from that shooting which broke out this morning shortly after 9:30. that's when police were called. as many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20-year-old connecticut man who was dressed in black and was carrying two handguns. connecticut state police are set to begin a briefing at this hour. danbury officials and hospital officials tell nbc news that at least three people have been transported to the hospital. again, to as many as 27 people killed. we will bring you more details as they become available. back to you. >> thank you very much, bertha. we'll keep checking back with you and monitoring the situation. obviously an incredibly tragic situation still unfolding in newtown, connecticut. we will keep you up to date as new information does become available, but right now we turn our attention to what we do here at cnbc. our focus is the markets
, connecticut. nbc news is reporting as many as 27 people may be dead from that shooting which broke out this morning shortly after 9:30. that's when police were called. as many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20-year-old connecticut man who was dressed in black and was carrying two handguns. connecticut state police are set to begin a briefing at this hour. danbury officials and hospital officials tell nbc...
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Dec 17, 2012
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to listen to those families in connecticut, to listen to the families in connecticut, the mothers in atlanta on new orleans, the people at the sikh temple. >> in wisconsin. >> in wisconsin. i think there is a time to listen to the call outside the beltway and not to allow the conversation in the beltway to drown out the voices in the cities and small towns of america. >> todd? >> you know, gentlemen, i took my 7-year-old to the bus today and it took a little extra faith for me to put him on that bus today as it did for every single parent in this country and every teacher, principal, school administrator, and there for the grace of god go i. where do we fail with respect to caring for and addressing the mental health issues that are raised in the case on friday and the case in aurora and so many of these other cases where individuals have gone off and have either listening to voices or tried to solve their own anger by taking it out on others? where did we fail? >> we still have to continue to destigma ties that mental health challenges afflict people who are normal and functional. w
to listen to those families in connecticut, to listen to the families in connecticut, the mothers in atlanta on new orleans, the people at the sikh temple. >> in wisconsin. >> in wisconsin. i think there is a time to listen to the call outside the beltway and not to allow the conversation in the beltway to drown out the voices in the cities and small towns of america. >> todd? >> you know, gentlemen, i took my 7-year-old to the bus today and it took a little extra faith...
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Dec 18, 2012
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private equity firm selling after last week's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff. events moving faster in washington. house speaking boehner meeting with party members, moving to plan b. that deals with bush era tax cuts. the white house rejected that. investors like whatever progress we're seeing. s&p 500 at a two-month high. s&p up 1 1/3 -- 1.1 on s&p, dow jones industrial average up 114 points, almost a full% enand nasdaq up 1 1/3. the latest on how those negotiations are progressing. >> over the last 24 hours or so we've had a flurry of proposals, counter proposals, responses, responses to responses. as it lies right now, basically all those responses have been
private equity firm selling after last week's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff....
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Dec 17, 2012
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first off, it's been a somber trading day today. 9:15 moment of silence remembering what happened in connecticut. so i don't know. it seems to be maybe there is a muted sense there's going to be a spirit of compromise up there in washington now. we've seen some rotational action. cyclicals are down, banks are up. they seem to anticipate that this is going to be resolved. and then the implications are if we don't have a santa claus rally as we talked about, then we'll see something in january. because this last quarter has been sort of a wait and see kind of thing. that would probably speak to a good quarter for us next time around. >> you know, i wonder. i don't know that anybody's happy with oh, well this is going to be a january affair. and we're not going to deal with this after christmas. did you see a change in money flows? you're there on the floor watching real money move throughout sectors. did you see any change today or on friday as people felt that maybe we are at the beginning of a deal? or still people are sort of sitting on their hands and not wanting to move money around? >> getti
first off, it's been a somber trading day today. 9:15 moment of silence remembering what happened in connecticut. so i don't know. it seems to be maybe there is a muted sense there's going to be a spirit of compromise up there in washington now. we've seen some rotational action. cyclicals are down, banks are up. they seem to anticipate that this is going to be resolved. and then the implications are if we don't have a santa claus rally as we talked about, then we'll see something in january....
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Dec 14, 2012
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over to brian sullivan he has an update on the school shooting in connecticut. what can you tell us? >> well, it just keeps getting worse, scott. hate to be the one to break the news but let's talk about what we know. there are still a lot of facts that are unknown at this point as the situation is still fluid. the fbi and numerous officials on the scene but at least 20 people many of them children have been shot. at least 20 people have been shot according to two officials talking to nbc news. the apparent shooter, right now they believe there is only one although as you can imagine they are going building to building, guns drawn, to make sure. the apparent shooter an adult and dead. the fbi on scene. a lot of headlines crossing across a variety of sources. we're going with exactly what we know and what we're being told at nbc news and cnbc which is that at least 20 have been shot at the school in new town, connecticut. many of those it being a school are indeed kids. so as we get more information we'll certainly bring you that breaking news, guys. >> thanks so
over to brian sullivan he has an update on the school shooting in connecticut. what can you tell us? >> well, it just keeps getting worse, scott. hate to be the one to break the news but let's talk about what we know. there are still a lot of facts that are unknown at this point as the situation is still fluid. the fbi and numerous officials on the scene but at least 20 people many of them children have been shot. at least 20 people have been shot according to two officials talking to nbc...
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Dec 4, 2012
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he's been arrested for wire fraud and charged with wire fraud by the connecticut u.s. attorney. in a statement, the u.s. attorney from connecticut stating this defendant orchestrated the unauthorized purchase of approximately $1 billion of apple stock in a fraudulent get-rich-quick scheme that back fired, causing massive losses for his employer. once again, rockdale securities trader david miller arrested and charges with wire fraud. back to you. >> all right, mary. thanks very much. we have 30 minutes until the closing bell sounds for the day. up about 19 points on the dow jones industrial average. nasdaq in the negative right now. >>> famed fund mortgage jeremy grantham, remember him? he warned of the tech and housing bubbles before they burst. now he's making a new dire prediction. if he's right t would make the tech and housing bubble look like a walk in the park. details coming up. >>> then, businesswoman and donald trump's daughter ivanka trump is with us. she's finding it hard to operate in the economic uncertainty. we'll ask her about that. she'll join us later outside t
he's been arrested for wire fraud and charged with wire fraud by the connecticut u.s. attorney. in a statement, the u.s. attorney from connecticut stating this defendant orchestrated the unauthorized purchase of approximately $1 billion of apple stock in a fraudulent get-rich-quick scheme that back fired, causing massive losses for his employer. once again, rockdale securities trader david miller arrested and charges with wire fraud. back to you. >> all right, mary. thanks very much. we...
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Dec 7, 2012
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i'm paying 45% of my total income in income tacks boxes to state of connecticut and the government. >> you need a better accountant, peter. >> more than half of my income is going to go to the government. you tell me, what's fair about that? >> i'll tell you what's fair about that -- >> i'm paying half. excuse me. i don't care what the majority voted to do. they don't have a right to steal my money just because they vote for it. >> i'll tell you what the problem is. we're in a crisis. we're in a crisis caused by the bush policies, unfunded wars, tax cuts we couldn't afford, and we have to dig our way out. in the process, the president is saying that the wealthiest are most able to contribute to that. >> it's not going to dig us out just raising the taxes on the wealthy. >> it is not going to dig us out alone. >> it's a very, very small and minor drop in the ocean in the grand scheme. >> you know what the wealthy are going snoto do? they're going to invest more abroad. they're not going to employ as many people. >> they didn't do that when -- >> we have to go, guys. >> rich people are
i'm paying 45% of my total income in income tacks boxes to state of connecticut and the government. >> you need a better accountant, peter. >> more than half of my income is going to go to the government. you tell me, what's fair about that? >> i'll tell you what's fair about that -- >> i'm paying half. excuse me. i don't care what the majority voted to do. they don't have a right to steal my money just because they vote for it. >> i'll tell you what the problem...
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Dec 27, 2012
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a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll see urban outfitters continue their turnaround, perhaps in an accelerated pace in 2013, and i think you're going to continue to see, particularly in the first half of the year, the demand for products from michael kors do well. second half of the year is a different story and perhaps the turnaround of tiffany's to be the name for the second half. >> meantime, r.j., i think you would agree retail remembers scrambling right now because consumer confidence is plunging. three reports in a row that have been pretty dismal. >> yeah, i would agree. i think we're looking for a bit of a pullback in 2013, not onl
a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll...
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Dec 26, 2012
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and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before january 1. >> all right. josh, out to you. obviously a lot of the discussion has been around the kind of deal that we would get if we do get something. if a deal does come through, it -- more likely will not be comprehensive, right? there's going to be a lot of negotiating that occurs after the first of the year. i guess my question to you is, does this leave the markets open to turmoil and more volatility as we head into january? >> the markets are going to be left open to turmoil and volatility, period. what we've seen is that despite the stakes getting higher, this isn't a game of poker but one of go fish. and no one seems to be fishing their wish. republicans are working with a weaker hand because they have to do a deal that involves a greater democrat
and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before january 1. >> all right. josh, out to you. obviously a lot of the discussion has been around the kind of deal that we would get if we do get something. if a...
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Dec 17, 2012
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. >> on deck, the first of many victims in the connecticut shooting are laid it rest today. tragedy sparking a national debate not only over gun control but we head to washington to see what is said on both sides. >>> the shooting friday at sandy hook elementary school in newtown, account that killed 20 children and six adult, had an economic impact of 31 billion, which is 66% from 2008. we are covering from story from various angles. we will look at the national debate on gun control and mental healthcare. first, funeral services were held for two of the 20 young victims today. nbc's danielle lee is live in newtown with more. danielle? >> good afternoon. today is the first in a long hard week ahead as families begin saying good-bye to loved ones and burying those victims who did not survive last woke's tragedy. first two funerals were held today. the first for 6-year-old noah posner, whose twin sitter survived in another room. and jack pinto. there is a lot of evidence both from the school and shooter's home and now they are beginning the long process of going through that
. >> on deck, the first of many victims in the connecticut shooting are laid it rest today. tragedy sparking a national debate not only over gun control but we head to washington to see what is said on both sides. >>> the shooting friday at sandy hook elementary school in newtown, account that killed 20 children and six adult, had an economic impact of 31 billion, which is 66% from 2008. we are covering from story from various angles. we will look at the national debate on gun...
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Dec 15, 2012
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want to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredibly difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we head into the weekend. i'm not expecting to hear any progress on the fiscal cliff. but you know, i always watch the sunday morning talk shows now very closely and i'm looking for some politicians saying something encouraging. what does encouraging mean? it means a republican uttering the two words tax increase without the word no before it. and the democrats uttering two words, spending cuts, without the word no before them. neither seems to be able to pull off that syntax, though. at this point i think we've got to assume that the washington people, they can't get it together. we've got to gird ourselves for
want to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredibly difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we...
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Dec 13, 2012
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they are surging repossessions up in and 84% jump in new jersey and up as well in connecticut. you don't need a crystal ball it see the future. just the foreclosure starts numbers. that the first stage of foreclosure in new york, new jersey, arkansas and washington. you see the repo man will be busy there in 2013. now, home prices have been rising nicely. but this new supply of bank-owned properties coming to market next year could temper though gains a bit and remember, the overall drop in foreclosure activity is due it a big jump in short sales and principal reduction loan mods and those are on the fiscal cliff if we lose on the forgiveness. we have plenty more to look at on the facebook page, so go ahead and go to it, as well as the blog. sue? >> thanks, we will. >> the global natural resources continues. they just inked a joint venture with aca. you see the stock pop reopen. it was halted for trading. they are doing a joint venture in canada for space of land that could have up to 9 billion barrels ever oil or equivalent. they are paying a billion up front at close. another
they are surging repossessions up in and 84% jump in new jersey and up as well in connecticut. you don't need a crystal ball it see the future. just the foreclosure starts numbers. that the first stage of foreclosure in new york, new jersey, arkansas and washington. you see the repo man will be busy there in 2013. now, home prices have been rising nicely. but this new supply of bank-owned properties coming to market next year could temper though gains a bit and remember, the overall drop in...
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Dec 17, 2012
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seen fannie and freddie starting to put higher servicing fees on problematic states like new york, connecticut, new jersey, where it is very hard to foreclose. if you were an investor, would you want to write a jumbo mortgage in, say, massachusetts, where you can't foreclose at all? this is a big problem for states that have high value real estate, california, to northeast, because we still have a foreclosure problem and precisely because politicians talk about consumer protection, but they're actually hurting consumers because they can't get a mortgage. >> right, right. could be a game changer coming. chris, good to see you. >> happy new year to everybody. >> you, too. apple, it is time to move over. up next, our investors are naming five stocks that are better picks right now. >>> and still to come, why a game changer could be in store for the copper trade. the come mod times king is here to shed light on what you need to know. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight
seen fannie and freddie starting to put higher servicing fees on problematic states like new york, connecticut, new jersey, where it is very hard to foreclose. if you were an investor, would you want to write a jumbo mortgage in, say, massachusetts, where you can't foreclose at all? this is a big problem for states that have high value real estate, california, to northeast, because we still have a foreclosure problem and precisely because politicians talk about consumer protection, but they're...
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Dec 17, 2012
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president obama says he will use whatever power he has to prevent another massacre like the one in newtown, connecticut. we focus on solutions today on power lunch. now back to scott. >> all right, tyler, thanks so much. caterpillar has struggled to gain momentum this year. the stock is down about 2%, underperforming the market but with china picking up steam is the stock ready to break out? joe terranova says it's time to get bullish, weiss sees headwinds ahead. let's debate it here. what's the problem with caterpillar? shouldn't the stock start rising? >> china's also getting more competitive. and you've got two thirds of cat is in nonmining, but the interesting thing is the third that is in mining, those margins are twice as high as they're average, so with all the cuts in production, lower the numbers for next year you're going to see more pressure on that. dirkly in the construction market it's also more competitive. san francisco, just announced $1.7 project in san fran that's funded by china development bank. guess who's bringing the equipment? my bet is it's going to be the chinese equipment ma
president obama says he will use whatever power he has to prevent another massacre like the one in newtown, connecticut. we focus on solutions today on power lunch. now back to scott. >> all right, tyler, thanks so much. caterpillar has struggled to gain momentum this year. the stock is down about 2%, underperforming the market but with china picking up steam is the stock ready to break out? joe terranova says it's time to get bullish, weiss sees headwinds ahead. let's debate it here....
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Dec 17, 2012
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we will have the latest information from connecticut. we will learn the latest about the shooter and we do have the first to funerals for two of the first graders. > look at you guys with your fancy-schmancy
we will have the latest information from connecticut. we will learn the latest about the shooter and we do have the first to funerals for two of the first graders. > look at you guys with your fancy-schmancy
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Dec 21, 2012
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circumstances. >>> tomorrow marks one week since the deadly elementary school shooting in newtown, connecticut. some marge websites will -- major websites will go dark for 1 minute as part of a national moment of silence tomorrow. more than 1,000 people and sites have pledged to participate. and on twitter, the hash tag moment for sandy hook is trending. memorials and funerals continue today. there was a funeral for the mother of the gunman, nancy y lanza. >>> big changes coming to the forecast. rain on the way. and a lot of it! >>> the silicon valley humane society is offering a big discount from now to the end of the month for anybody looking to adopt a dog or cat this holiday season. jeff shows you some of the animals up for adoption. >> reporter: the fee can be about $200 depending on where you go, but the silicon valley humane society has a special this month. $12, and you can have a new member of the family just in time for the holidays! >> we have adult, young ones, short-hair, long-hair, brown, white, fluffy, curly hair. we've got everything! >> reporter: the humane society wants to se
circumstances. >>> tomorrow marks one week since the deadly elementary school shooting in newtown, connecticut. some marge websites will -- major websites will go dark for 1 minute as part of a national moment of silence tomorrow. more than 1,000 people and sites have pledged to participate. and on twitter, the hash tag moment for sandy hook is trending. memorials and funerals continue today. there was a funeral for the mother of the gunman, nancy y lanza. >>> big changes...
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Dec 26, 2012
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talk about the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in his conference thursday, if you vote on that in january, a deficit deal than december. it's actually a tax decrease. i don't think nothing is going to happen in the coming weeks. it is possible we get into the first week of january before something to vote on. congress has gotten used to doing things at the last minute and it's not exactly clear when the last minute is here. >> i've been saying for a while you don't have to deal with 400 or 500 grand, get 250, what the president has wanted all along and get the republicans to not vote for a tax cut for everybody under 250. why hasn't that been the strategy or
talk about the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in...
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Dec 17, 2012
12/12
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we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversing its move lower this morning, sold more than 2 million iphone 5s in china. the best debut for any iphone in the china market. apple shares are higher as we
we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and...
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Dec 18, 2012
12/12
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we'll talk with richard blumenthal fortunately connectic from connecticut right after this. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. >>> private equity firm cerberus is going to sell its stake in the firearms maker. good morning, mary. >> good morning. they are reconsidering its relationship with cerberus. the reason being, the country largest gun manufacturer and the maker of the assault rifle used in friday's newtown massacre, the ar-15 bushmaster. cerberus said they are shocked and deeply saddened by the shootings in newtown adding that it's not the private equity firm's job to take positions on the now revived talks on gun control. instead, they are deciding on another course of action. to sell freedom group and return money to investors, fulfilling its obligations to clients without being withdrawn to the national debate with the former charter and public responsibility to do so. known for past investments and troubled companies like chrysler, they have strong ties to washington, d.c. john snow is its chairman and dan qua
we'll talk with richard blumenthal fortunately connectic from connecticut right after this. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. >>> private equity firm cerberus is going to sell its stake in the firearms maker. good morning, mary. >> good morning. they are reconsidering its relationship with cerberus. the reason being, the country largest gun manufacturer and the maker of the assault rifle used in friday's newtown massacre,...
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Dec 21, 2012
12/12
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KGO
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minutes from the start of a moment of silence in connecticut. today marks one week since a gunman walked into sandy hook elementary and opened fire, 20 students were killed, six adults died. connecticut governor malloy is asking the entire nation to join his state in the moment of silence to honor those victims. church bells will ring 26 times. >>> since last friday the sandy hook community and the entire nation has been coping with the tragedy back-to-back funerals have been taking place all this week in connecticut. latest services took place yesterday for benjamin and jesse, both were 6-years-old. more services are scheduled for today and tomorrow. >>> abc news will air a will stream it live on abc7news.com. >>> new this morning, president obama responding to an online petitionzwp)éhlling fr stricter gun laws in the wake of the school tragedy in connecticut. here's a portion of his comments moved to the white house website, just after 3:00 this morning. >> the president: i will do everything in my power as president to advance these efforts.
minutes from the start of a moment of silence in connecticut. today marks one week since a gunman walked into sandy hook elementary and opened fire, 20 students were killed, six adults died. connecticut governor malloy is asking the entire nation to join his state in the moment of silence to honor those victims. church bells will ring 26 times. >>> since last friday the sandy hook community and the entire nation has been coping with the tragedy back-to-back funerals have been taking...
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Dec 18, 2012
12/12
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KPIX
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it's a week before christmas, and here in newtown, connecticut, many families aren't planning for the holidays but planning funerals and there are several planned in the weeks to come. it's back to school for the children of newtown, connecticut with the exception of the students of sandy hook elementary school. kenneth canfield is a fourth greater at sandy hook. he heard screaming and gunshots in the room he was in. >> it was being banged on by the gunman. >> reporter: kenneth and his classmates won't be returning to sandy hook elementary. when they do go back, they will attend chalk hill school in monroe. >> he said he wouldn't go back unless there's a police officer at every door. >> reporter: for the people of newtown, the grieving continues. more funerals will be held today when james mattioli and jessica rico also laid to rest. the first two funerals were held monday when 6-year-old noah posner and jack pinto were remembered. >> you shouldn't be at a 6-year- old's funeral. this is a devastating event and it's heartbreaking as it is, it just keeps getting more heartbreaking. >> r
it's a week before christmas, and here in newtown, connecticut, many families aren't planning for the holidays but planning funerals and there are several planned in the weeks to come. it's back to school for the children of newtown, connecticut with the exception of the students of sandy hook elementary school. kenneth canfield is a fourth greater at sandy hook. he heard screaming and gunshots in the room he was in. >> it was being banged on by the gunman. >> reporter: kenneth and...
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Dec 14, 2012
12/12
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claman@foxbusiness.com connecticut. the president will be speaking in 15 minutes about this. of course this happened earlier today. it is just a tragic and disgusting situation. there is absolutely no other way to describe it. one gunman dead. inside the school, the sandy hook school. as soon as the president comes what we will be taking him live. for more on this, our sister network is covering right now. stating at the moment, we will have this. we will cover this in the last hour of trading. a business network, but we cannot ignore the fact that this is a very difficult state for everybody who feels sympathy for these tiny children who were murdered. eighteen of them. twenty-six other people. this is the worst mass murder we have ever seen. if you want full coverage of the story our sister network will have it. again, hearing from the president in about 14 minutes. we will take that live. not to the markets. of course, we know this is a difficult transition. please work with us. we will continue forth until the president takes the airways, but we have to focus on apple. wh
claman@foxbusiness.com connecticut. the president will be speaking in 15 minutes about this. of course this happened earlier today. it is just a tragic and disgusting situation. there is absolutely no other way to describe it. one gunman dead. inside the school, the sandy hook school. as soon as the president comes what we will be taking him live. for more on this, our sister network is covering right now. stating at the moment, we will have this. we will cover this in the last hour of trading....
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Dec 21, 2012
12/12
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KPIX
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this official day of mourning extends beyond connecticut. states around the country will be observing a moment of silence this morning to remember the slain students and faculty. >> we have seen so many images around newtown with a lot of teddy bears and candles and cards. flowers left by people coming to honor the victims. what are they going to do with all that. >> reporter: those mementos are still here. as you can probably tell, it's raining heavily in newtown. so tents have been put up to protect those mementos from the elements. michelle? >> okay, marlie hall in newtown, connecticut, thank you. >>> some websites will have an internet version of the moment of silence this morning. several celebrities are calling for a five-minute time-out on the internet out of respect for the newtown shooting victims. again, that will be at 6:30 this morning pacific time. >>> now the time is 8 minutes after 6:00. in developing news this morning a u.s. citizen has been arrested in north korea. >> plus the "fiscal cliff" failure. boehner pulls the plug o
this official day of mourning extends beyond connecticut. states around the country will be observing a moment of silence this morning to remember the slain students and faculty. >> we have seen so many images around newtown with a lot of teddy bears and candles and cards. flowers left by people coming to honor the victims. what are they going to do with all that. >> reporter: those mementos are still here. as you can probably tell, it's raining heavily in newtown. so tents have...
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Dec 22, 2012
12/12
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FBC
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then there was the newtown, connecticut, msacre. thatas influence the attitudes of friends and families and people i know. the tragedy of that day just a week ago, in which 26 people lost their lives, 24 of them were children between the ages of five and 10. it hangs over this usually happy season. even so, i feel grateful this year. maybe more than usual for my colleagues he at fox. with my friends and my family. we live in a country tha yes, has its problems. and we talk about those problems everyday on the show. but the bottom line is this. you wouldn't want to live anywhere else, would you? i sure wouldn't. we have freedom, we have opportunity, and many of us, most of us have a roof over our heads and a safe place to sleep at night. the icing on the cake will be wrapped in boxes under the tree. but it will be in spending time with family and friends. and we know that now this year better than almost any year that i can ever remember. that, my friends, is a true blessing. merry christmas. that is what i think. now we want to know
then there was the newtown, connecticut, msacre. thatas influence the attitudes of friends and families and people i know. the tragedy of that day just a week ago, in which 26 people lost their lives, 24 of them were children between the ages of five and 10. it hangs over this usually happy season. even so, i feel grateful this year. maybe more than usual for my colleagues he at fox. with my friends and my family. we live in a country tha yes, has its problems. and we talk about those problems...
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Dec 27, 2012
12/12
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all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had the pro bowl. there was no excitement. there was no reason to come out shopping. so big bang, but it kind of waned as we went into the season. >> how much of the season is in the books now? i mean, what's still left to happen? >> there's a couple of big days still coming. i think this weekend is a big weekend as people redeem gift cards, go into the stores, exchange items for what they're looking for. hopefully get that add-on sale and people start to take advantage of the clearance sale, i would say, though, 95% of it is in the books. we've probably got some strong days ahead of us, though, that could move it
all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had...
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Dec 20, 2012
12/12
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CURRENT
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congresswoman rosa from connecticut. nobody can speak more poignantly or directly about what happened almost a week ago now in newtown, connecticut. we'll also be joined by senator tom udall from new mexico and with the report out which blasts the state department for not doing good enough job to protect our personnel in benghazi, joe cirincione, our foreign policy guru will be here as well. we'll get right into it. president obama's big announcement at the white house briefing room yesterday. but first... >> this is the "full court press." >> here are the other things you need to know before you head out the door this morning. you wouldn't think you would ever hear steven spielberg call chris christie one of his heroes but the liberal hollywood heavyweight praised him as one of his personal heroes saying christie was able to put politics aside for the greater good during hurricane sandy and that was really telling about him and what he did was right and he did it right at the end of an election cycle too. spielberg's ot
congresswoman rosa from connecticut. nobody can speak more poignantly or directly about what happened almost a week ago now in newtown, connecticut. we'll also be joined by senator tom udall from new mexico and with the report out which blasts the state department for not doing good enough job to protect our personnel in benghazi, joe cirincione, our foreign policy guru will be here as well. we'll get right into it. president obama's big announcement at the white house briefing room yesterday....
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Dec 24, 2012
12/12
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some blame it on a generally gloomy mood among americans especially after the horrible shooting in connecticut. marshall cohen at the mpd group says retailers had problems long before the tragedy. he says, quote, the lack of sales is due to the lack of excitement in merchandise and to blame it on this terrible disaster upsets me. and then of course there's everybody's concern about debt. they're avoiding it. >> christine, delinquency rates that are still very, very low compared to the last ten years. so i don't think that consumers are going wild this year. >> we heard that a lot. finally, it's even been a little slow they say at saks 5th avenue, on 5th avenue in new york city. our producer took these pictures. sw retail advisers says you could, quote, in saks hear a pin drop during a 60% sale going into saturday. but, bill and maria, i was in the very store in new york last week, my first time at saks during this time of the year. if that is slow for christmas, i don't want to know what busy is. i couldn't even get down the aisle. >> by the way, jane wells, you mentioned c's candy. unbelievab
some blame it on a generally gloomy mood among americans especially after the horrible shooting in connecticut. marshall cohen at the mpd group says retailers had problems long before the tragedy. he says, quote, the lack of sales is due to the lack of excitement in merchandise and to blame it on this terrible disaster upsets me. and then of course there's everybody's concern about debt. they're avoiding it. >> christine, delinquency rates that are still very, very low compared to the...
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Dec 7, 2012
12/12
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KTVU
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he's making the plea on behalf of his home state of new jersey, as well as for new york and connecticut. christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the improving housing market is turning into a wealth builder for americans. according to the federal reserve, financial wealth in american households grew to $64 trillion, up $1.7 trillion during the 3rd quarter. here's how that happened: the value of real estate rose $300 billion, while stocks climbed $520 billion. economists have said an increase in wealth translates into consumer spending. the report from the fed also shows americans cut debt by 2% last quarter. space exploration technologies, better known a
he's making the plea on behalf of his home state of new jersey, as well as for new york and connecticut. christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama...
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Dec 30, 2012
12/12
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KGO
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. >>> and women's team scared off against connecticut. the last time they were in naples the cardinals ended their 90-game win streak. yesterday uconn and the head coach got some revenge. the husband decision took control early and never let up. the tough shot and foul. the key was connecticut's stifling defense. the steal leads to this easy basket. it was 31-13 at the half. this shot is blocked. banks will lay it up and in. stanford shot just 19% from the field. lewis led all scorers in 19. uconn cruises, 61-35. the loss snaps stanford's 82-game home win streak. >>> the men had a better look at nap else but had a tough time still against lafayette. the cardinals led by 8 at the half but the contest would go down to the final seconds. stanford holds on to win 65-59. randall with the team-tie 16 points. cardinals improve to 9-4. harvard was at cal. the bears look for their third straight win but the crimsons can play. cal's allen crab leads the pack, 12 in scoring. put in a game-tie 27 but it wouldn't be enough as harvard holds on to win 6
. >>> and women's team scared off against connecticut. the last time they were in naples the cardinals ended their 90-game win streak. yesterday uconn and the head coach got some revenge. the husband decision took control early and never let up. the tough shot and foul. the key was connecticut's stifling defense. the steal leads to this easy basket. it was 31-13 at the half. this shot is blocked. banks will lay it up and in. stanford shot just 19% from the field. lewis led all scorers...
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Dec 14, 2012
12/12
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KRON
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breaking news of connecticut. in a small town or the was the school shooting at sandy hook elementary school. in the small town of newtown conn. that is in western connecticut in fairfield county. you can see in active seen as police are still there investigating. there are a lot of parents and students are around area this morning that been a scourge of the school. the school is all under lockdown even though this happen at one particular element school sandy hook. around 9:30 a.m. when it happened we know that the shooter is dead. there are unconfirmed reports of maybe one other death. it could be a child. we know there are three people in the hospital at least. all of these are unconfirmed reports. there are many conflicting reports as to the number killed. the emergency audio tape is what we have taken a listen. >> i with the paris here less the children there were in the classroom during the event. i am try to get an account on them now. there were not in the regular, we here, our rooms. i am gathering the na
breaking news of connecticut. in a small town or the was the school shooting at sandy hook elementary school. in the small town of newtown conn. that is in western connecticut in fairfield county. you can see in active seen as police are still there investigating. there are a lot of parents and students are around area this morning that been a scourge of the school. the school is all under lockdown even though this happen at one particular element school sandy hook. around 9:30 a.m. when it...
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Dec 8, 2012
12/12
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KQED
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is one of about 30 claims adjuster's american modern insurance dispatched to new jerse new york, and connecticut. for the barrier island off the coast of new jersey, it was north of the eye of the storm but think of it like a windmill spinning counter-clockwise. >> seaside was hit with a 37- foot wall wave so that a pretty big wall that was coming in so that a lot of power. that's crashing in here and all that force. it's brining sand. it's bringing all that water in. >> reporter: it wasn't until nearly a month later that insurance adjuster's were allowed on the island to asses the damage. >> the "l" shape everything is going down from the weight of the sand that was pushing it and the water that was pushing it out. it pushed his neighbor's shed completely into the side of his house. he had 5 1/2 feet of water inside his house so everything on the first floor needs to be completely gutted. >> reporter: john marchetti's house sits just two doors closer to the beach. >> i do have homeowners insurance and flood. homeowners doesn't cover very much. everything from the sky is homeowners and everythin
is one of about 30 claims adjuster's american modern insurance dispatched to new jerse new york, and connecticut. for the barrier island off the coast of new jersey, it was north of the eye of the storm but think of it like a windmill spinning counter-clockwise. >> seaside was hit with a 37- foot wall wave so that a pretty big wall that was coming in so that a lot of power. that's crashing in here and all that force. it's brining sand. it's bringing all that water in. >> reporter:...
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Dec 18, 2012
12/12
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FBC
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following events on friday in connecticut. here is the question. is america's moves towards guns really fundamentally changing? we'll ask scott rasmussen next. [ male announcer ] at scottrade, we believe thmore you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locaons, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, even dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. when, but ieves can stealw your identity anturn your life upside down. >> hi. >> hi. you know, i can sa you 15% today if you open up a charge card accot with us. >> you just read my mind. >> announcer: just one little piecof information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks befo
following events on friday in connecticut. here is the question. is america's moves towards guns really fundamentally changing? we'll ask scott rasmussen next. [ male announcer ] at scottrade, we believe thmore you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locaons, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, even dollar trades are just the start. our teams...
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Dec 21, 2012
12/12
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KRON
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lead us go back to what is going on with the shootings in connecticut. >> president obama has said they have got an outpouring of support for stricter gun laws. after the suishooting in connecticut where an elementary school was fired upon by shooter repeal 20 children. >> the president says the in responding to an on-line petition on the white house website in which nearly 200,000 people have pushed for of control. this morning the president of on site is at the white house marking one weeks as the shooting in town. >> all 50 states to sign petitions takin asking us to take serious action on gun violence in this country. >> i want to take a moment to let you know we hear you. >> i believe the second minute guarantees the individual right to bear arms. we have a strong to ditradition of gun ownership. >> most gun owners in america are response. they buy their guns legally in use in safely. >> it is encouraging that many gun owners as stepped- up to say there are steps and take to prevent what tragedies like the one in town. >> we will take our rights and kids. >> this week i called on c
lead us go back to what is going on with the shootings in connecticut. >> president obama has said they have got an outpouring of support for stricter gun laws. after the suishooting in connecticut where an elementary school was fired upon by shooter repeal 20 children. >> the president says the in responding to an on-line petition on the white house website in which nearly 200,000 people have pushed for of control. this morning the president of on site is at the white house marking...
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Dec 24, 2012
12/12
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fiscal cliff, hurricane sandy of course, that tragedy in newtown, connecticut, and, of course, all of this is weighing on this a little bit more than those slightly more intangible factors of home prices being on the upside. so i saw a lot of sales. i was out all day saturday and sunday in philadelphia, walnut street. i saw sales in ann taylor, express. most of the boutique stores that were out there, at least portions of the store were on sale. so to me that at least indicates the margins are going to be under a little bit of pressure certainly by the end of the year. >> we'll see what the new quarter brings. we'll see you in a few minutes. that was fantastic. >> got to keep up the traditions down there. >> absolutely. meanwhile, facebook shares on our radar. a tax story, bullish, endless note. >> hi, carl. according to the sunday times facebook reportedly funneled 440 million pounds or approximately 712 million dollars into a tax haven last year to avoid taxes in britain. now a facebook spokesperson in response says that facebook complies with all relevant corporate regulations incl
fiscal cliff, hurricane sandy of course, that tragedy in newtown, connecticut, and, of course, all of this is weighing on this a little bit more than those slightly more intangible factors of home prices being on the upside. so i saw a lot of sales. i was out all day saturday and sunday in philadelphia, walnut street. i saw sales in ann taylor, express. most of the boutique stores that were out there, at least portions of the store were on sale. so to me that at least indicates the margins are...
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Dec 18, 2012
12/12
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KRON
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. >> we are live this morning in new town connecticut. i am renee marsh. >> communities across the bay area are paying their respects to the victims of the sandy hook elementary school shooting. >> dozens of people attended a vigil last night at first presbyterian church in burlingame. >> many of those in attendance say they are in the same profession as some of the victims to empathize with their families. >> i am happy to protect the the children in such a heartfelt and selfless way. >> we tried the as we could. >> the will comes as the new town community holds its first funerals were the victims of friday's massacre. >> bay area schools have also seen their share of violence. >> the west contra costa county school district has been beefing up security of the last several years. >> homeelmes middle school in san paulo is considered a model for how to protect students. >> the school has five community safety officers and a local police officer keeping an eye on the property. also students and staffers have to wear photo ids. and just six
. >> we are live this morning in new town connecticut. i am renee marsh. >> communities across the bay area are paying their respects to the victims of the sandy hook elementary school shooting. >> dozens of people attended a vigil last night at first presbyterian church in burlingame. >> many of those in attendance say they are in the same profession as some of the victims to empathize with their families. >> i am happy to protect the the children in such a...
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127
Dec 14, 2012
12/12
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FBC
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we know that the tragedy, the war going on in connecticut is taking the president's attention at the moment. >> the president's attention and members of congress and they're not even in town. there was a meeting at the white house, president obama, john boehner met for 50 minutes and aids say they accomplish as much as they have accomplished over the last few weeks which is very little. there are major differences between the two parties and the white house earlier today said republicans need to give on taxes. >> it remains the case that on some of the fundamental issues that are matters of debate we had yet to see any change in the position of the republican leadership. it is still their position as they tell you when you ask them that they want extension of the high end george bush tax cuts. that is not going to happen. >> republicans say they change position and offered $800 billion in new revenues and they say it is democrats whose position remains unchanged, they refuse to put on spending and in tacoma cuts that are necessary to reach an agreement and for them to give on taxes.
we know that the tragedy, the war going on in connecticut is taking the president's attention at the moment. >> the president's attention and members of congress and they're not even in town. there was a meeting at the white house, president obama, john boehner met for 50 minutes and aids say they accomplish as much as they have accomplished over the last few weeks which is very little. there are major differences between the two parties and the white house earlier today said republicans...
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Dec 31, 2012
12/12
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KGO
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the program was first proposed by the marin district attorney after the connecticut school tragedy. >>> the -- a new feature thank you rose parade. >>> it was a clear day but cold. leigh glaser says to be ready for more chilly weather. >> rick: coming up in sports, raiders quarterback terrelle pryor gets his first start, and michael crabtree steps up >> ama: apple lovers, feast on this. there's a rumor that apple is working on an iwalk. the newspaper out of london reports that apple is building a device using a chip some blew tooth technology. it's claimed the watch would feature a 1.5-inch touch screen and include siri. the device could launch within the next six months. >> if you happen to receive a new tab lt. computer or smartphone this holiday season you can be connected to 'abc-7 news all the time. you can downtown load our alarm app to all your phones and our abc-7 news app is also available. >> ten office thousands on the streets of pasadena and millions more around the country will ring in the new year with the 124th null tournament of roses parade. for the first time ever a
the program was first proposed by the marin district attorney after the connecticut school tragedy. >>> the -- a new feature thank you rose parade. >>> it was a clear day but cold. leigh glaser says to be ready for more chilly weather. >> rick: coming up in sports, raiders quarterback terrelle pryor gets his first start, and michael crabtree steps up >> ama: apple lovers, feast on this. there's a rumor that apple is working on an iwalk. the newspaper out of london...
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Dec 24, 2012
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you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind u
you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >>...